Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. It holds interests in the Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; Kuanping project located in Sanmenxia City, Shanzhou District, Henan Province, China; and La Yesca project located in northwest of Guadalajara, Mexico. The company was formerly known as SKN Resources Ltd. and changed its name to Silvercorp Metals Inc. in May 2005. Silvercorp Metals Inc. is headquartered in Vancouver, Canada.
Silvercorp Metals Dividend Announcement
• Silvercorp Metals announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-07
• Silvercorp Metals annual dividend for 2024 was $0.01
• Silvercorp Metals annual dividend for 2023 was $0.03
• Silvercorp Metals's trailing twelve-month (TTM) dividend yield is 0.64%
• Silvercorp Metals's payout ratio for the trailing twelve months (TTM) is 9.18%
Silvercorp Metals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | $0.01 | semi annually | 2024-06-27 |
2023-11-24 | $0.01 | semi annually | 2023-12-15 |
2023-06-09 | $0.01 | semi annually | 2023-06-29 |
2022-11-25 | $0.01 | semi annually | 2022-12-16 |
2022-06-03 | $0.01 | semi annually | 2022-06-24 |
2021-11-23 | $0.01 | semi annually | 2021-12-15 |
2021-06-03 | $0.01 | semi annually | 2021-06-25 |
2020-11-24 | $0.01 | semi annually | 2020-12-16 |
2020-06-04 | $0.01 | semi annually | 2020-06-26 |
2019-11-26 | $0.01 | semi annually | 2019-12-18 |
2019-06-06 | $0.01 | semi annually | 2019-06-28 |
2018-11-27 | $0.01 | semi annually | 2018-12-19 |
2018-06-07 | $0.01 | semi annually | 2018-06-29 |
2017-11-27 | $0.01 | semi annually | 2017-12-19 |
2017-06-07 | $0.01 | semi annually | 2017-06-30 |
Silvercorp Metals Dividend per year
Silvercorp Metals Dividend growth
Silvercorp Metals Dividend Yield
Silvercorp Metals current trailing twelve-month (TTM) dividend yield is 0.64%. Interested in purchasing Silvercorp Metals stock? Use our calculator to estimate your expected dividend yield:
Silvercorp Metals Financial Ratios
Silvercorp Metals Dividend FAQ
Other factors to consider when evaluating Silvercorp Metals as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Silvercorp Metals's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Silvercorp Metals publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Silvercorp Metals distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Silvercorp Metals are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Silvercorp Metals sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Silvercorp Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Silvercorp Metals declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Silvercorp Metals's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Silvercorp Metals's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.